Gibraltar Industries, Inc. (NASDAQ:ROCK) updated its fourth quarter earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $0.29-0.36 for the period, compared to the Thomson Reuters consensus estimate of $0.38. The company issued revenue guidance of $231-236 million, compared to the consensus revenue estimate of $240.97 million.
A number of equities analysts have recently issued reports on the company. BidaskClub downgraded Gibraltar Industries from a sell rating to a strong sell rating in a research report on Tuesday, August 1st. KeyCorp reaffirmed a buy rating and set a $39.00 price target on shares of Gibraltar Industries in a research report on Sunday, October 15th. Finally, Zacks Investment Research raised Gibraltar Industries from a sell rating to a hold rating in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $44.50.
Shares of Gibraltar Industries, Inc. (ROCK) traded up $0.50 during mid-day trading on Friday, hitting $33.00. The stock had a trading volume of 382,520 shares, compared to its average volume of 185,301. The firm has a market capitalization of $1.04 billion, a P/E ratio of 22.09 and a beta of 1.78. Gibraltar Industries, Inc. has a 1-year low of $25.61 and a 1-year high of $48.05. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.92 and a current ratio of 2.42.
Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Friday, November 3rd. The construction company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.11. The firm had revenue of $274.57 million during the quarter, compared to analyst estimates of $275.80 million. Gibraltar Industries had a return on equity of 10.14% and a net margin of 2.38%. Gibraltar Industries’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 earnings per share. sell-side analysts forecast that Gibraltar Industries, Inc. will post 1.55 earnings per share for the current year.
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About Gibraltar Industries
Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company’s segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.
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